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crony capitalist

crony capitalist
 n.— «There are a bunch of self-interested actors too, what I call the crony capitalists who are basically making tons of money by transferring public wealth into private coffers.» —“Return of the ‘L’ Word: An Interview with Douglas Massey” by Bradford Plumer AlterNet Aug. 16, 2005. (source: Double-Tongued Dictionary)

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